Company Directory - Mr. Cooper Group Inc.
Company Details - Mr. Cooper Group Inc.
Mr. Cooper Group Inc.
WebsiteMr. Cooper Group Inc. is a leading provider of mortgage services and home loan solutions in the U.S. The company focuses on offering a range of financial services to help customers with their home financing needs, including servicing of loans and providing expertise in homeownership.
CCI Score
CCI Score: Mr. Cooper Group Inc.
-47.76
0.03%
Latest Event
Mr. Cooper Group Acquisition Announcement
Mr. Cooper Group Inc. shares surged 17% after the company announced its acquisition by Rocket Companies in a $9.4 billion all-stock deal.
Take Action
So what can you do? It's time to make tough choices. Where will you cast your vote?
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
QUISLING
Mr. Cooper Group Inc. is currently rated as a Quisling.
Latest Events
- MAR312025
Mr. Cooper Group Inc. shares surged 17% after the company announced its acquisition by Rocket Companies in a $9.4 billion all-stock deal.
- JAN312025
Mr. Cooper (Nationstar Mortgage) has agreed to pay $5.8 million in a joint settlement with state attorneys general and mortgage regulators over allegations that it mishandled inbound mortgage loan transfers and failed to oversee third‐party vendors properly.
-50
Business Practices and Ethical Responsibility
March 31
The settlement highlights unethical business practices related to mortgage servicing management. The company's failure to properly oversee the transfer and servicing of mortgage loans—and the subsequent legal consequences—reflect a disregard for consumer protection and corporate accountability. This misconduct negatively affects public trust and ethical standards in business practices, warranting a significant negative score in the Business Practices and Ethical Responsibility category.
Mr. Cooper to Pay $5.8M Settlement Over Alleged Mortgage Servicing Misconduct
- JAN282025
Mr. Cooper Group (operating as Nationstar Mortgage) reached a $5.8 million settlement over allegations of non-compliance with mortgage servicing laws, including claims of improperly pushing borrowers into foreclosure. This settlement raises concerns regarding the company’s business practices and accountability in protecting consumer rights.
-80
Business Practices and Ethical Responsibility
March 31
The settlement indicates significant shortcomings in ethical business practices by allegedly forcing borrowers into foreclosure and failing to adhere to regulatory standards. These practices undermine consumer protection and raise questions about the company's commitment to transparent and accountable lending practices.
Mr. Cooper Reaches $5.8 Million Settlement: Eligibility for Relief Explained
- DEC312024
OpenSecrets data shows Mr. Cooper Group Inc.'s 2024 political contributions of $33,125 and lobbying spending of $90,000, along with a revolving door dynamic where all reported lobbyists in 2023 and 2024 previously held government positions, raising concerns about undue political influence and potential regulatory capture.
-40
Political Contributions and Lobbying Efforts
March 31
The reported political contributions and lobbying expenditures indicate that Mr. Cooper Group Inc. is actively engaging in political spending. Such financial influence can undermine democratic processes and open the door to authoritarian influence by swaying policy decisions in favor of corporate interests.
-30
Executive Political Engagement
March 31
The fact that all reported lobbyists for Mr. Cooper Group have prior government experience reflects a revolving door practice that can lead to regulatory capture, blurring the lines between public duty and corporate interests, thereby reinforcing systems of undue influence.
- DEC312024
According to OpenSecrets, Mr. Cooper Group spent $90,000 on lobbying efforts during 2024, reflecting its active engagement in influencing federal policy.
-40
Political Contributions and Lobbying Efforts
March 31
The reported $90,000 in lobbying expenditures highlights Mr. Cooper Group's engagement in political influence activities. From an anti-fascist perspective, such spending is concerning as it represents an effort to shape policies in ways that may favor corporate interests and undermine democratic accountability.
- DEC272024
Mr. Cooper Group Inc. paid an eight‐figure ransom to cybercriminal group Alphv in exchange for decryption keys following a severe cyber breach that exposed the personal identifiable information of millions of customers. The breach, which has prompted a class action lawsuit alleging negligence in protecting customer data, highlights serious concerns about the company's cybersecurity and overall business practices.
-40
Business Practices and Ethical Responsibility
March 31
The decision to pay an eight-figure ransom following a cyber breach—combined with allegations of negligence in protecting sensitive customer data—reflects a serious lapse in ethical business practices and corporate responsibility. By opting to pay the ransom, Mr. Cooper not only risks incentivizing further cyberattacks but also fails to fully safeguard its customers' personal information, thereby undermining trust and exposing consumers to potential future harm.
Alternatives
Vancouver, Canada
37.29
USA
17.52
Corporation
-34.02
Corporation
-36.08
Canada
56.46
McLean, United States
28.97
Australia
11.00
New York, United States
8.85
Jaipur, India
0.00
Melbourne, Australia
-1.70
Industries
- 522310
- Mortgage and Nonmortgage Loan Brokers
- 522390
- Other Activities Related to Credit Intermediation
- 531210
- Offices of Real Estate Agents and Brokers
- 531311
- Residential Property Managers